A number of research firms have changed their ratings and price targets for Boeing Company (The) (NYSE: BA):

  • 10/2/2017 – Boeing Company (The) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 9/26/2017 – Boeing Company (The) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Boeing's share has outperformed the industry's rally over the last one year. Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. The company’s 20-year market outlook, forecasts commercial jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs and strong order bookings. However, the company continues to face challenges from order cancellations, stiff competition as well as falling delivery numbers. Boeing’s 787 Dreamliner's deferred production cost also remains a cause of concern for the company. For its 747 model, weak demand for large commercial passenger and freighter aircraft also adds to the woes.”
  • 9/22/2017 – Boeing Company (The) had its price target raised by analysts at Jefferies Group LLC from $275.00 to $300.00. They now have a “buy” rating on the stock.
  • 9/22/2017 – Boeing Company (The) had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $315.00 price target on the stock, up previously from $300.00.
  • 9/21/2017 – Boeing Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $286.00 price target on the stock. According to Zacks, “Boeing's share has outperformed the industry's rally over the last one year. Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. The company’s 20-year market outlook, forecasts commercial jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs and strong order bookings. However, the company continues to face challenges from order cancellations, stiff competition as well as falling delivery numbers. Boeing’s 787 Dreamliner's deferred production cost also remains a cause of concern for the company. For its 747 model, weak demand for large commercial passenger and freighter aircraft also adds to the woes.”
  • 9/20/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Wells Fargo & Company. They now have a $255.00 price target on the stock, up previously from $240.00.
  • 9/20/2017 – Boeing Company (The) had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $303.00 price target on the stock, up previously from $274.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 9/19/2017 – Boeing Company (The) was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. The company’s 20-year market outlook, forecasts commercial jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs and strong order bookings. Boeing’s share price has outperformed the broader industry's price over the last one year. However, the company continues to face challenges from order cancellations, stiff competition as well as falling delivery numbers. Boeing’s 787 Dreamliner's deferred production cost also remains a cause of concern for the company. For its 747 model, weak demand for large commercial passenger and freighter aircraft also adds to the woes.”
  • 9/17/2017 – Boeing Company (The) had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $235.00 price target on the stock, up previously from $215.00.
  • 9/16/2017 – Boeing Company (The) had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $275.00 price target on the stock.
  • 9/14/2017 – Boeing Company (The) had its price target raised by analysts at Deutsche Bank AG to $300.00. They now have a “buy” rating on the stock.
  • 9/13/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $269.69 price target on the stock.
  • 9/12/2017 – Boeing Company (The) had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $300.00 price target on the stock.
  • 9/1/2017 – Boeing Company (The) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/22/2017 – Boeing Company (The) was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $271.00 price target on the stock. According to Zacks, “Boeing is the largest aircraft manufacturer in the world in terms of revenue, orders and deliveries, and one of the largest aerospace and defense contractors. Demand for its commercial airplanes is on the rise due to a steady improvement in passenger and freight traffic. Recently, the company released 20-year market outlook, as per which it forecasts jetliner demand to increase by 3.6%. The single-aisle jets are expected to be the major driver behind demand growth. Further, the company’s defense business stands out among its peers by virtue of its broadly diversified programs, strong order bookings and order backlog. Boeing’s share price has outperformed the broader industry's price over the last one year. However, the company continues to face challenges from the uncertain fate of high-cost programs, order cancellations, stiff competition as well as falling delivery numbers.”
  • 8/17/2017 – Boeing Company (The) was given a new $260.00 price target on by analysts at Morgan Stanley. They now have a “hold” rating on the stock.
  • 8/16/2017 – Boeing Company (The) was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $266.88 price target on the stock.
  • 8/11/2017 – Boeing Company (The) had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $274.00 price target on the stock.
  • 8/7/2017 – Boeing Company (The) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $253.33 price target on the stock.

Shares of Boeing Company (NYSE:BA) opened at 255.46 on Wednesday. The firm has a market cap of $151.00 billion, a price-to-earnings ratio of 22.38 and a beta of 1.21. The stock’s 50 day moving average is $244.43 and its 200 day moving average is $207.95. Boeing Company has a 12-month low of $131.39 and a 12-month high of $259.30.

Boeing Company (The) (NYSE:BA) last released its earnings results on Wednesday, July 26th. The aircraft producer reported $2.55 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.23. The firm had revenue of $22.74 billion during the quarter, compared to the consensus estimate of $22.97 billion. Boeing Company (The) had a return on equity of 2,185.10% and a net margin of 7.84%. The company’s revenue was down 8.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.44) EPS. Equities analysts expect that Boeing Company will post $10.02 earnings per share for the current year.

In related news, SVP Thomas J. Downey sold 134 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $241.20, for a total transaction of $32,320.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Chairman Dennis A. Muilenburg sold 56,838 shares of the stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $243.46, for a total transaction of $13,837,779.48. Following the sale, the chairman now owns 127,778 shares in the company, valued at approximately $31,108,831.88. The disclosure for this sale can be found here. Insiders sold 83,468 shares of company stock worth $20,353,814 in the last 90 days. 0.28% of the stock is owned by company insiders.

The Boeing Company is an aerospace company. The Company’s segments include Commercial Airplanes; Defense, Space & Security (BDS), such as Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S), and Boeing Capital (BCC). The Commercial Airplanes segment develops, produces and markets commercial jet aircraft and provides related support services, to the commercial airline industry.

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